TeraWulf Inc. - Common Stock (WULF)

EASTON, Md., Jan. 14, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that various members of senior management will be participating in the upcoming investor and industry conferences:

Secured high-performance computing (HPC) data center leases with Core42 for more than 70 MW of digital infrastructure, representing total revenue of more than $1 billion over initial 10-year term

Core42, a Subsidiary of G42, will utilize the facility to expand its industry-leading AI Infrastructure offerings tailored to US customers

Completed critical electrical upgrades to support Lake Mariner HPC hosting and mining buildings

Farrell to Drive Operational Execution as the Company Scales Data Center Infrastructure

Q3 2024 Revenue of $27.1 million and Non-GAAP Adjusted EBITDA of $6.0 million.

Accelerating delivery of 72.5 MW high-performance computing (HPC) hosting capacity by end of Q2 2025

Earnings Call Set for Tuesday, November 12 at 5:00 p.m. ET

EASTON, Md., Oct. 25, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today completed its previously announced offering of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of notes sold in the offering was $500 million, which includes $75 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the initial purchasers.

EASTON, Md., Oct. 24, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the upsize and pricing of its offering of $425 million aggregate principal amount of 2.75% Convertible Senior Notes due 2030 (the “Convertible Notes”). The Convertible Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

EASTON, Md., Oct. 23, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

EASTON, Md., Oct. 23, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that its Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $200 million of the Company’s outstanding shares of common stock through December 31, 2025.

Industry veteran with 25+ years in capital markets and financial services to lead TeraWulf’s investor relations strategy

Extends Lease Term Up to 80 Years and Expands Land Area to 157 Acres, Increasing Infrastructure Capacity to 750 MW in Support of Future Growth

Significant advancements in HPC/AI digital infrastructure at Lake Mariner

Total Consideration of Approximately $92 Million, Resulting In a 3.4x Return on Investment1

PHILADELPHIA, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Berger Montague is currently investigating potential claims on behalf of shareholders of TeraWulf, Inc. (“TeraWulf or the Company”) (NASDAQWULF).

PHILADELPHIA, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Berger Montague is currently investigating potential claims on behalf of shareholders of TeraWulf, Inc. (“TeraWulf or the Company”) (NASDAQWULF).

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in TeraWulf Inc. (“TeraWulf” or “the Company”) (NASDAQWULF) for potential breaches of fiduciary duty on the part of its directors and management.

Significant advancements of AI/HPC digital infrastructure at Lake Mariner

Q2 2024 Revenue of $35.6 million, gross profit (exclusive of depreciation) of $21.7 million and Non-GAAP Adjusted EBITDA of $19.5 million.

Advancements of AI/HPC digital infrastructure projects at Lake Mariner

Earnings Call Set for Monday, August 12 at 5:00 p.m. ET

Debt-free balance sheet positions the Company to rapidly scale and deploy highly sought after energy infrastructure

8.8 EH/s of installed and operational self-mining capacity, up 76% Y-o-Y